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Glossary   >   C   >   "Contingent Asset" Definition            Contingent Asset An asset in which the possibility of ownership depends solely upon future events uncontrollable by the company. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Contingent Asset - An asset in which the possibility of ownership depends solely upon future events uncontrollable by the company.